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Mexico Pacific Promotes Sarah Bairstow to Chief Executive Officer
April 18, 2024
Mexico Pacific Limited president Sarah Bairstow, has been appointed as chief executive officer. Bairstow’s appointment follows Ivan Van der Walt’s resignation as CEO to pursue other interests. “Mexico Pacific has achieved substantial progress over the past year and as we
Fire Closes Atlas Energy’s Kermit, Texas Mining Facility
April 18, 2024
On April 14th, a fire occurred at the Atlas Energy Solutions mine in Kermit, Texas. The company said all personnel at the site, including company employees and contractors, are safe and that no injuries or environmental impacts occurred. Regional emergency
ExxonMobil Makes Final Investment Decision for Whiptail Development, Offshore Guyana
April 17, 2024
ExxonMobil has made a final investment decision for the Whiptail development offshore Guyana, after receiving the required government and regulatory approvals. Whiptail, the sixth project on the Stabroek block, is expected to add approximately 250,000 barrels of daily capacity by
DOI Issues Final Rule for Decommissioning Offshore Oil and Gas Facilities
April 17, 2024
The Department of the Interior has issued a final rule from the Bureau of Ocean Energy Management (BOEM) to protect taxpayers from covering costs that should be borne by the oil and gas industry when offshore platforms require decommissioning. With
U.S. Could Release More SPR Oil to Keep Gas Prices Low
April 17, 2024
U.S. President Joe Biden will do what he can to ensure affordable gasoline prices, White House senior adviser John Podesta said at an industry conference on Tuesday, when asked about future releases of crude oil from the Strategic Petroleum Reserve
Equinor to Acquire EQT’s Non-operated Natural Gas Assets in Pa. for $500 Million
April 16, 2024
EQT Corporation said it has entered into an agreement with Equinor USA Onshore Properties and their affiliates to sell an undivided 40 percent interest in its non-operated natural gas assets in Northeast Pennsylvania, representing approximately 225 MMcf/d of forecasted 2025
Pembina Issues Notice to Proceed with Its Cedar FLNG, Secures Long-Term Offtake Support
April 16, 2024
Pembina Pipeline Corporation with its partner the Haisla Nation have achieved significant progress on the proposed Cedar LNG project, including securing long-term commercial offtake support and issuing a notice to proceed (NTP) to Samsung Heavy Industries and Black & Veatch.
Cenovus Energy to Invest $1.5 Billion in Ohio Refineries
April 16, 2024
Cenovus Energy said it will make a $1.5 billion investment in its Ohio refineries, both in Lima and Oregon. According to a press release, the company also plans to add 115 new jobs to its office in Dublin. “The recent
DOI Plans Sweeping Effort to Block Arctic Oil Drilling
April 16, 2024
The U.S. set aside 23 million acres of Alaska’s North Slope to serve as an emergency oil supply a century ago. Now, President Joe Biden is moving to block oil and gas development across roughly half of it. The initiative,
DOI Issues Final Rule for Fluid Mineral Leases and Leasing Process Rule
April 15, 2024
The Department of the Interior issued a final rule to revise the Bureau of Land Management’s (BLM) oil and gas leasing regulations The DOI said the new rule will ensure a balanced approach to development, provide a fair return to
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